First Notice

The residential program market, and what each move means.

Launches, capacity deals, rate orders, ratings and litigation across the residential program market. Every item is drawn from public sources and linked to them, and every item ends with the read: what it means, and for whom.

Issues

Issue #6 · September 7, 2026

This Week in Programs: Landlord & Homeowners

Thirteen items from August 31 to September 7, across capacity, market entries, rate and regulatory action, and litigation. Allstate files to reopen California homeowners new business after nearly four years, Texas declares price optimization illegal by bulletin, California's Legislature adjourns without voting on its wildfire liability bill, Florida Citizens sends 45,000 non-renewal notices, Aon Securities counts a record $23 billion of sidecar capital, and Los Angeles County sues State Farm. No residential product launch cleared the bar.

Issue #5 · August 31, 2026

This Week in Programs: Landlord & Homeowners

Eleven items from August 24 to August 31, across capacity, market entries, and rate and regulatory action. Bamboo Insurance files to take a homeowners managing general underwriter public, Hippo adds fourteen states, American Coastal halves its Florida first-event retention, Conning counts seven straight accident years of adverse development in fronting, Texas gives its insurance department until September 14 to answer a 79% run of homeowners increases, and the California FAIR Plan cuts renewal commissions to 3%. No new residential product launches cleared the bar.

Issue #4 · August 24, 2026

This Week in Programs: Landlord & Homeowners

Orion180 files to take a pure-play excess-and-surplus homeowners carrier public, S&P Global puts the segment at $4.14 billion, RockRose Risk raises venture money for California wildfire cover, Allstate's aggregate catastrophe load reaches $2.402 billion, and a racketeering suit targets a Texas wind pool's claims handling. Eight items.

Issue #3 · August 17, 2026

This Week in Programs: Landlord & Homeowners

A record Florida quarter at American Integrity, Kin's two reciprocal exchanges past $701 million of premium in force, Thoma Bravo's $4 billion agreement for Accelerant, and national homeowners rate approvals down to about 1.8% through July. Eight items.

Issue #2 · August 10, 2026

This Week in Programs: Landlord & Homeowners

Second-quarter results across six homeowners and specialty carriers, Allstate's shift of Florida homeowners cover toward catastrophe bonds, two high-value-home launches, softening rates in Louisiana, and surging non-renewals in Washington. Twelve items.

Daily Brief · July 27, 2026

First Notice Daily: covering July 21 to 27

AM Best turned negative on Safety Insurance on July 15; nine days later Mapfre agreed to buy the company for $1.54 billion at a 44 percent premium. Chubb bought more cheap reinsurance on purpose, and Florida's admitted carriers cut landlord rates to take back share.

Issue #1 · July 27, 2026

This Week in Programs: Landlord & Homeowners

Roughly $875M of capacity moves, five product launches, a sidecar that just became permanent infrastructure, and a claims-conduct storm around the industry's biggest name. Nearly every growth structure in it is an MGA writing on fronting paper. Sixteen items.

First Notice tracks the U.S. P&C program market: new MGA licenses, program launches, rate and form filings, fronting partnerships, and insurance litigation, from public regulatory and news sources.

Why "First Notice"? In claims, first notice of loss is the first report that something has happened. This letter aims to be that report for the program market.